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Notice to Judgment Debtor or Obligor Blogs

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  • Facing the Surge: How 2023's Interest Rates Challenge Consumer Debtors
    Facing the Surge: How 2023's Interest Rates Challenge Consumer Debtors

    What is Inflation, and How is it Caused? Inflation can be simply understood as the rise in prices of goods and services over time, leading to a decrease in purchasing power of a currency. The root ...

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  • 4-Step Approach to Settling a Debt (2023)
    4-Step Approach to Settling a Debt (2023)

    Dealing with a collection agency to settle a debt? Here's a structured approach to ensure you make informed decisions: 1. Validate the Debt You Owe Upon initial contact, debt collectors are obligated ...

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  • New York Banks Freeze Double the Judgment Amount. Why?
    New York Banks Freeze Double the Judgment Amount. Why?

    Short answer: To ensure that there is an adequate sum of money to cover the judgment amount, the expenses of collection, and the continually accruing interest while allowing the judgment debtor access ...

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  • What is a "Notice to Judgment Debtor or Obligor"?
    What is a "Notice to Judgment Debtor or Obligor"?

    If you've received a letter with language similar or identical to the one below, you are being put on notice that your money is at risk of being seized by a judgment creditor. To satisfy due process ...

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  • 4 Reasons to Vacate your Default Judgment Before Suing under the FDCPA
    4 Reasons to Vacate your Default Judgment Before Suing under the FDCPA

    Courts are in the business of reducing disputes to judgments— not revisiting issues already encompassed within judgments. Actually, that’s not entirely true. Our law practice—The Langel Firm—regularly ...

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  • Employers Protected for Honoring New York Wage Garnishments
    Employers Protected for Honoring New York Wage Garnishments

    It can be frustrating when your employer turns over part of your hard-earned pay to a judgment creditor. You may feel you did not receive proper notice to prevent the garnishment. However, New York ...

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